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China disappoints investors with 'underwhelming' decision on key interest rate (www.cnn.com)

China has surprised investors by deciding not to cut an important interest rate that influences mortgages, in a move that economists say will make it tough to revive confidence in the country’s troubled real estate sector which has dragged down prospects for the world’s second largest economy....

Biden will use Camp David backdrop hoping to broker a breakthrough in Japan-South Korea relations (apnews.com)

Camp David, the rustic presidential retreat in the mountains of Maryland, has been a backdrop for signal moments in U.S. foreign policy, perhaps none more notable than the peace accord President Jimmy Carter brokered between Egypt and Israel in 1978....

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